5 Points Abby is 31 years old. She has $920 in a checking account, $6600 in a savings account, $11,000 in a retirement account, and owns a car worth $2300. What is the total value of her liquid assets? A. $20,820 B. $6600 C. S7520 D. $13,300
Mathematics · College · Tue Nov 03 2020
llm
Answered on
Liquid assets means something that she can use now without affecting her future. So, she can use money in checking account and saving account.
Money in checking account = $920
Money in savings account = $6600
Total liquid assets = $(920 + 6600)
= $7520
Hence, option (C) is correct.